Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Hits New 1-Year Low – What’s Next?

Shares of Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) hit a new 52-week low during trading on Thursday . The stock traded as low as $57.80 and last traded at $57.7850, with a volume of 83682 shares. The stock had previously closed at $57.87.

Vanguard Short-Term Treasury ETF Stock Down 0.2%

The company’s fifty day moving average price is $58.05 and its two-hundred day moving average price is $58.27.

Institutional Investors Weigh In On Vanguard Short-Term Treasury ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Modern Wealth Management LLC boosted its position in shares of Vanguard Short-Term Treasury ETF by 4.4% during the second quarter. Modern Wealth Management LLC now owns 4,118 shares of the company’s stock worth $242,000 after buying an additional 173 shares during the period. Brave Asset Management Inc. boosted its holdings in shares of Vanguard Short-Term Treasury ETF by 2.5% in the 1st quarter. Brave Asset Management Inc. now owns 7,564 shares of the company’s stock valued at $443,000 after buying an additional 182 shares during the last quarter. Topsail Wealth Management LLC grew its position in shares of Vanguard Short-Term Treasury ETF by 11.9% in the 4th quarter. Topsail Wealth Management LLC now owns 1,759 shares of the company’s stock valued at $103,000 after acquiring an additional 187 shares during the period. Assetmark Inc. grew its holdings in Vanguard Short-Term Treasury ETF by 50.8% during the first quarter. Assetmark Inc. now owns 570 shares of the company’s stock worth $33,000 after purchasing an additional 192 shares during the period. Finally, Arete Wealth Advisors LLC lifted its position in shares of Vanguard Short-Term Treasury ETF by 0.9% in the first quarter. Arete Wealth Advisors LLC now owns 21,942 shares of the company’s stock valued at $1,285,000 after buying an additional 199 shares during the last quarter.

About Vanguard Short-Term Treasury ETF

Vanguard Short Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with a short-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. 1-3 Year Government Float Adjusted Index (the Index). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected securities) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, all with maturities between 1 and 3 years.